Recently went on his Stock Watch list, which has over 200 companies. Once he finds a company, he doesn't go in for at least 6 months. Could be a Buy towards the end of the year when tax loss season is down. He wants to see that there is stability in the stock price and that the company will survive.

Recently went on his Stock Watch list, which has over 200 companies. Once he finds a company, he doesn't go in for at least 6 months. Could be a Buy towards the end of the year when tax loss season is down. He wants to see that there is stability in the stock price and that the company will survive.

Very concerned about regional banks in the U.S. Housing situation is far from at a bottom, we’re going to see increased defaults on credit cards and on mortgages. More of a mortgage lender than more banks so will suffer more. Not a bad short. Easily go down to $20.

Very concerned about regional banks in the U.S. Housing situation is far from at a bottom, we’re going to see increased defaults on credit cards and on mortgages. More of a mortgage lender than more banks so will suffer more. Not a bad short. Easily go down to $20.

More bullish on the brokers than on banks. T-bill market in the US has had big demand so rates have gone down about 2%. This has created value in financials. His model price is $48.33, a 26% positive differential. As the T-bill market gets back the interest rate will go up. Financials will be a hard group in the next couple of years.

More bullish on the brokers than on banks. T-bill market in the US has had big demand so rates have gone down about 2%. This has created value in financials. His model price is $48.33, a 26% positive differential. As the T-bill market gets back the interest rate will go up. Financials will be a hard group in the next couple of years.

Coming close to some key support around $42. If it breaks through, it could potentially move back to the $35 area of October/05. Very leveraged to the mortgage market and the US housing sector is weak.

Coming close to some key support around $42. If it breaks through, it could potentially move back to the $35 area of October/05. Very leveraged to the mortgage market and the US housing sector is weak.

An exceptionally well-run bank. Have a big exposure to the mortgage market and big lenders to the real estate market in the US. There could be some bumpy days ahead of them. A very attractive takeover candidate. Nice dividend.

An exceptionally well-run bank. Have a big exposure to the mortgage market and big lenders to the real estate market in the US. There could be some bumpy days ahead of them. A very attractive takeover candidate. Nice dividend.

An excellent company. An acquisitor. Like all financials in the US they have a flat yield curve and he wouldn't expect big growth in terms of earnings per share. Expects that interest rates will start dropping in the US and he would wait to see what happens.

An excellent company. An acquisitor. Like all financials in the US they have a flat yield curve and he wouldn't expect big growth in terms of earnings per share. Expects that interest rates will start dropping in the US and he would wait to see what happens.

(Thoughts on caller's PUT for Jan/07 @ $35.) Believes there is a real estate bubble but that it may go for another couple of years, beyond your 2007 date. Anyone doing a lot of high ratio mortgages in the US will be negatively impacted by a bubble. A PUT option gives you limited risks, even if you are wrong.

(Thoughts on caller's PUT for Jan/07 @ $35.) Believes there is a real estate bubble but that it may go for another couple of years, beyond your 2007 date. Anyone doing a lot of high ratio mortgages in the US will be negatively impacted by a bubble. A PUT option gives you limited risks, even if you are wrong.

Has grown up very quickly in the last 10 years or so. Now trying to morph into a retail bank which has proven to be painful. Has not been able to change its cost base quick enough to handle the circumstances.

Has grown up very quickly in the last 10 years or so. Now trying to morph into a retail bank which has proven to be painful. Has not been able to change its cost base quick enough to handle the circumstances.

Comments

Stockchase, in its reporting on what has been discussed by individuals on business
television programs (in particular Business News Network), neither recommends nor
promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood
from the experts’ comments.
We are human and can make mistakes,
help us fix any errors. If you see something that you know is not right or if there is a
problem with the site, feel free to email us at :
hello@stockchase.com.